Friday, September 13, 2013 11:59:25 AM
The Georgia Plant is slowing going away and the JV and merger will be the new story line. This is a repeat of the story line from a few years ago with a JV in China to build 10 plants.
VEGA will never produce revenues.
"Our focus has been on completing the Joint Venture project to build a pilot-type torrefaction plant in South Carolina. The South Georgia plant is still in our plans, but this opportunity is something that will move the Company to the forefront of the torrefaction industry. We are excited to be working with industry leaders on this project and hope to be in a position to provide details of the Joint Venture in the coming days."
"We have several pictures and videos of the torrefaction machine in action and will have them posted on our website in the next few days."
"to merge our two businesses and create a company...We will make an announcement concerning this matter as soon as it becomes final."
If all the news is a few days away, why not just wait and release the actual news instead of this hype.
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